Early today, Sensex tumbled as much as 500 points in opening deals, with most of the sectoral indices trading in the red, as sentiment took a beating after a dozen of Indian Air Force fighter jets strike terror camps across the Line of Control in Pakistan.

At 11:32 hours, the BSE Sensex was trading at 36,017.93, up by 426.68 points or by 1.2 per cent, amid optimism about upcoming Union Budget and dovish comments by the US Federal Reserve after it kept interest rate unchanged.

In the last few years, the Bengaluru-headquartered IT firm had slowed down hiring from college campuses due to a lacklustre business growth along with automation which has affected fresh hiring across software services projects at IT companies.